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Little ChinasTaiwan: general information
In terms of administrative division this island is the province of China. But which China it remains questionnable. The continental administration thinks it belongs to the People's Republic of China; the Taiwanese administration considers it as a part of the Republic of China. In fact, the state in Taiwan is called the Republic of China (中華民國) which counts from 1911, directly from Shinhai Revolution. By now it is officially recognized by very few countries; the rest of world prefers having diplomatic relations with the People's Republic of China instead of the Republic of China. On economics' side, Taiwan has contacts worldwide.
Currency unit is New Taiwanese yuan (dollar) (新台幣 xintaibi) with the rate of NT$33 to US$1. 2007
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